It looks like the biggest April Fool’s Joke was on all of us. Despite persistent rumors that Google was in talks to acquire Twitter (the coolest thing since the last coolest thing since sliced bread), no deal is forthcoming. On its blog, Twitter explains that sometimes they
While all this may be protesting too much from both parties, sources are now saying that Twitter CEO Evan Williams wouldn’t sell for a billion dollars, four times what Google is rumored to have placed the microblogging service’s value at.
When it comes to Internet businesses, though, Twitter needs to remember that timing is everything. If their endgame is acquisition, there are a few points they might want to keep in mind:
- the economy is down